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Given the information: Inflation rate in US (th): Inflation rate in Europe (th); The current spot rate of EUR (SRo: 3.5% 8.0% $1.15 If the
Given the information: Inflation rate in US (th): Inflation rate in Europe (th); The current spot rate of EUR (SRo: 3.5% 8.0% $1.15 If the spot rate of EUR (SR2) turns out to be $1.112 one year later, then the EUR experienced in "real" purchasing power. no change a loss a gain
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Handbook Of Blockchain Digital Finance And Inclusion
Authors: David Lee, Robert H. Deng
1st Edition
0128104414, 978-0128104415
